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TECHS: Downtrend Intact USDCAD........>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Downtrend Intact
USDCAD closed below the 200-dma (1.3157) on Friday for the first time since
early February. This brings the 61.8% retracement level & trendline support into
view at 1.3120/16, ahead of a run at the ytd low at 1.3069. Bulls need to
recover the 100-dma & Feb 19 high at 1.3256/81 to change the short-term outlook.

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